Period
to 27 January 2022

The following table provides summary statistics for contract job vacancies advertised in London with a requirement for IFRS skills. Included is a benchmarking guide to the contractor rates offered in vacancies that have cited IFRS over the 6 months to 27 January 2022 with a comparison to the same period in the previous 2 years.

Note that daily and hourly rates are treated separately in these statistics. When calculating contractor rate percentiles, daily rates are never derived from quoted hourly rates or vice versa.

International Financial Reporting Standards (IFRS)
England > London
6 months to
27 Jan 2022
Same period 2021 Same period 2020
Rank 450 372 440
Rank change year-on-year -78 +68 +94
Contract jobs citing IFRS 136 36 75
As % of all contract jobs advertised in London 0.36% 0.20% 0.25%
As % of the Quality Assurance & Compliance category 2.80% 1.75% 2.37%
Number of daily rates quoted 81 21 54
10th Percentile £506 £406 £413
25th Percentile £550 £500 £431
Median daily rate (50th Percentile) £600 £550 £475
Median % change year-on-year +9.09% +15.79% -20.83%
75th Percentile £675 £588 £575
90th Percentile £850 £638 £750
England median daily rate £600 £526 £475
% change year-on-year +14.01% +10.79% -20.83%

IFRS is in the Quality Assurance and Compliance category. The following table is for comparison with the above and provides summary statistics for all contract job vacancies advertised in London with a requirement for quality assurance or compliance skills.

All Quality Assurance and Compliance Skills
London
Contract vacancies with a requirement for quality assurance or compliance skills 4,862 2,058 3,162
As % of all contract IT jobs advertised in London 12.93% 11.48% 10.63%
Number of daily rates quoted 3,370 1,419 2,210
10th Percentile £350 £301 £305
25th Percentile £438 £400 £400
Median daily rate (50th Percentile) £550 £500 £495
Median % change year-on-year +10.00% +1.01% +1.02%
75th Percentile £638 £588 £575
90th Percentile £738 £675 £657
England median daily rate £509 £475 £450
% change year-on-year +7.05% +5.56% -
Number of hourly rates quoted 66 11 45
10th Percentile £18.58 £17.50 £12.00
25th Percentile £25.88 £18.98 £14.00
Median hourly rate £44.50 £26.22 £18.70
Median % change year-on-year +69.72% +40.21% -10.95%
75th Percentile £49.25 £38.75 £29.96
90th Percentile - £50.39 £45.36
England median hourly rate £25.50 £21.05 £20.21
% change year-on-year +21.14% +4.18% -0.20%

IFRS
Job Vacancy Trend in London

Job postings citing IFRS as a proportion of all IT jobs advertised in London.

Job vacancy trend for IFRS in London

IFRS
Contractor Daily Rate Trend in London

3-month moving average daily rate quoted in jobs citing IFRS in London.

Daily rate trend for IFRS in London

IFRS
Daily Rate Histogram in London

Daily rate distribution for jobs citing IFRS in London over the 6 months to 27 January 2022.

Daily rate histogram for IFRS in London

IFRS
Contractor Hourly Rate Trend in London

3-month moving average hourly rates quoted in jobs citing IFRS in London.

Hourly rate trend for IFRS in London

IFRS
Contract Job Locations in London

The table below looks at the demand and provides a guide to the median contractor rates quoted in IT jobs citing IFRS within the London region over the 6 months to 27 January 2022. The 'Rank Change' column provides an indication of the change in demand within each location based on the same 6 month period last year.

Location Rank Change
on Same Period
Last Year
Matching
Contract
IT Job Ads
Median
Daily Rate
Past 6 Months
Median Daily Rate
% Change
on Same Period
Last Year
Live
Jobs
Central London -37 23 £550 -8.33% 9
South London -11 1 £575 +4.55%
IFRS
England

For the 6 months to 27 January 2022, IT contractor jobs citing IFRS also mentioned the following skills in order of popularity. The figures indicate the absolute number co-occurrences and as a proportion of all contract job ads across the London region with a requirement for IFRS.

1 108 (79.41%) Finance
2 38 (27.94%) Business Analysis
3 36 (26.47%) GAAP
4 32 (23.53%) SQL
4 32 (23.53%) Agile Software Development
4 32 (23.53%) Banking
5 28 (20.59%) SAP
5 28 (20.59%) Social Skills
6 26 (19.12%) Data Modelling
7 20 (14.71%) Data Analysis
7 20 (14.71%) IFRS 9
8 19 (13.97%) SAP S/4HANA
8 19 (13.97%) General Ledger
8 19 (13.97%) Functional Testing
9 15 (11.03%) ERP
9 15 (11.03%) Solvency II
10 14 (10.29%) Fixed Income
11 13 (9.56%) FRS 29
12 12 (8.82%) Derivative
12 12 (8.82%) Stakeholder Management
12 12 (8.82%) CIMA
12 12 (8.82%) Analytical Skills
13 11 (8.09%) Logical Data Model
13 11 (8.09%) Foreign Exchange (FX)
13 11 (8.09%) Oracle
14 10 (7.35%) Degree
14 10 (7.35%) Investment Banking
14 10 (7.35%) ETL
14 10 (7.35%) CA
14 10 (7.35%) GAP Analysis

IFRS
Co-occurring IT Skills in London by Category

The follow tables expand on the table above by listing co-occurrences grouped by category. The same job type, locality and period is covered with up to 20 co-occurrences shown in each of the following categories:

Application Platforms
1 6 (4.41%) Apache Spark
2 2 (1.47%) SAS
3 1 (0.74%) Apache Airflow
3 1 (0.74%) Elasticsearch
3 1 (0.74%) Oracle Workflow
Applications
1 6 (4.41%) Microsoft Excel
2 5 (3.68%) MS Visio
3 4 (2.94%) Microsoft Office
4 2 (1.47%) Microsoft PowerPoint
5 1 (0.74%) Oracle Smart View
5 1 (0.74%) Spreadsheet
Business Applications
1 19 (13.97%) SAP S/4HANA
2 9 (6.62%) SAP FI-GL
3 4 (2.94%) Oracle General Ledger
3 4 (2.94%) Oracle Subledger Accounting
3 4 (2.94%) Sparx Enterprise Architect
4 3 (2.21%) Oracle ERP
5 2 (1.47%) Oracle Financials
6 1 (0.74%) HFM
6 1 (0.74%) Oracle Assets
6 1 (0.74%) Oracle BPM
6 1 (0.74%) Oracle Cash Management
6 1 (0.74%) Oracle FAH
6 1 (0.74%) Oracle Receivables
6 1 (0.74%) SAP CO
6 1 (0.74%) SAP ERP
6 1 (0.74%) SAP FI
6 1 (0.74%) SAP FI/CO
Cloud Services
1 9 (6.62%) AWS
1 9 (6.62%) Azure
2 6 (4.41%) Snowflake
3 3 (2.21%) Power Platform
4 2 (1.47%) Amazon S3
5 1 (0.74%) Amazon EC2
5 1 (0.74%) Amazon EMR
5 1 (0.74%) AWS Lambda
5 1 (0.74%) Azure Stack
5 1 (0.74%) Azure Storage
5 1 (0.74%) dbt
5 1 (0.74%) Fivetran
5 1 (0.74%) GCP
5 1 (0.74%) PowerApps
5 1 (0.74%) Serverless
Communications & Networking
1 1 (0.74%) FTP
Database & Business Intelligence
1 10 (7.35%) Data Vault
2 9 (6.62%) Tableau
3 8 (5.88%) Data Warehouse
4 7 (5.15%) Big Data
5 6 (4.41%) Apache Hive
5 6 (4.41%) SAP BW
6 3 (2.21%) Power BI
6 3 (2.21%) SAP HANA
6 3 (2.21%) SQL Server Analysis Services
7 2 (1.47%) Amazon Athena
7 2 (1.47%) Data Lake
7 2 (1.47%) Metadata
7 2 (1.47%) SQL Server
7 2 (1.47%) SQL Server Integration Services
7 2 (1.47%) WhereScape RED
8 1 (0.74%) Base SAS
8 1 (0.74%) Crystal Reports
8 1 (0.74%) NoSQL
8 1 (0.74%) Pentaho
8 1 (0.74%) QlikView
Development Applications
1 3 (2.21%) JIRA
2 2 (1.47%) Selenium
3 1 (0.74%) Cucumber
3 1 (0.74%) Git (software)
3 1 (0.74%) git-flow
3 1 (0.74%) Jenkins
3 1 (0.74%) SpecFlow
3 1 (0.74%) Toad
General
1 108 (79.41%) Finance
2 32 (23.53%) Banking
3 28 (20.59%) Social Skills
4 19 (13.97%) General Ledger
5 12 (8.82%) Analytical Skills
6 10 (7.35%) Influencing Skills
6 10 (7.35%) Investment Banking
7 4 (2.94%) Back Office
8 3 (2.21%) Documentation Skills
9 2 (1.47%) Presentation Skills
9 2 (1.47%) Retail
10 1 (0.74%) Financial Institution
10 1 (0.74%) Inclusion and Diversity
10 1 (0.74%) Legal
10 1 (0.74%) Organisational Skills
Job Titles
1 69 (50.74%) Analyst
2 43 (31.62%) Business Analyst
3 18 (13.24%) Data Analyst
4 12 (8.82%) Accountant
4 12 (8.82%) Banking Analyst
4 12 (8.82%) Banking Business Analyst
4 12 (8.82%) Derivatives Business Analyst
4 12 (8.82%) Fixed Income Business Analyst
5 11 (8.09%) Project Accountant
5 11 (8.09%) Project Manager
5 11 (8.09%) SAP Analyst
6 10 (7.35%) Data Engineer
6 10 (7.35%) Financial Analyst
6 10 (7.35%) Project Analyst
7 9 (6.62%) Consultant
8 8 (5.88%) Finance Manager
8 8 (5.88%) SAP Business Analyst
8 8 (5.88%) Transformation Consultant
9 7 (5.15%) SQL Analyst
9 7 (5.15%) SQL Data Analyst
Libraries, Frameworks & Software Standards
1 5 (3.68%) Oracle Fusion
2 2 (1.47%) XML
3 1 (0.74%) Elastic Stack
3 1 (0.74%) Gherkin
3 1 (0.74%) PySpark
3 1 (0.74%) pytest
3 1 (0.74%) XML Messaging
Miscellaneous
1 14 (10.29%) Fixed Income
2 12 (8.82%) Derivative
3 11 (8.09%) Foreign Exchange (FX)
4 4 (2.94%) Reinsurance
5 3 (2.21%) Credit Risk
5 3 (2.21%) Enterprise Software
6 2 (1.47%) Management Information System
6 2 (1.47%) Self-Motivation
7 1 (0.74%) Online Banking
Operating Systems
1 2 (1.47%) Linux
Processes & Methodologies
1 38 (27.94%) Business Analysis
2 32 (23.53%) Agile Software Development
3 26 (19.12%) Data Modelling
4 20 (14.71%) Data Analysis
5 19 (13.97%) Functional Testing
6 15 (11.03%) ERP
7 12 (8.82%) Stakeholder Management
8 11 (8.09%) Logical Data Model
9 10 (7.35%) Analytics
9 10 (7.35%) ETL
9 10 (7.35%) GAP Analysis
9 10 (7.35%) Root Cause Analysis
10 9 (6.62%) Data Architecture
10 9 (6.62%) Physical Data Model
10 9 (6.62%) Test Automation
10 9 (6.62%) Test Scripting
11 8 (5.88%) Data Lineage
11 8 (5.88%) Scrum
11 8 (5.88%) User Acceptance Testing
12 7 (5.15%) Stakeholder Engagement
Programming Languages
1 32 (23.53%) SQL
2 8 (5.88%) Python
3 5 (3.68%) Scala
4 1 (0.74%) C#
4 1 (0.74%) R
4 1 (0.74%) T-SQL
4 1 (0.74%) VBA
Qualifications
1 12 (8.82%) CIMA
2 10 (7.35%) Degree
3 5 (3.68%) ACCA
4 2 (1.47%) PMP
5 1 (0.74%) CIPFA
5 1 (0.74%) Master's Degree
5 1 (0.74%) PhD
Quality Assurance & Compliance
1 36 (26.47%) GAAP
2 20 (14.71%) IFRS 9
3 15 (11.03%) Solvency II
4 13 (9.56%) FRS 29
5 6 (4.41%) QA
6 5 (3.68%) PMO
7 3 (2.21%) Sarbanes-Oxley
8 2 (1.47%) Data Quality
8 2 (1.47%) ITGC
9 1 (0.74%) COREP
9 1 (0.74%) FINREP
9 1 (0.74%) GDPR
9 1 (0.74%) MiFID
Systems Management
1 1 (0.74%) Ansible
1 1 (0.74%) Kibana
1 1 (0.74%) Kubernetes
1 1 (0.74%) Terraform
Vendors
1 28 (20.59%) SAP
2 11 (8.09%) Oracle
3 10 (7.35%) CA
4 6 (4.41%) Microsoft
5 3 (2.21%) Alteryx
6 2 (1.47%) Databricks
6 2 (1.47%) IBM
6 2 (1.47%) Informatica
7 1 (0.74%) Google
7 1 (0.74%) Hyperion
7 1 (0.74%) Murex
7 1 (0.74%) StreamSets
7 1 (0.74%) Teradata